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SAP Ariba Source-to-Contract Suite offers a comprehensive, digital, integrated, and widely adopted sourcing solution combined with contracting and supplier management solutions.

?? Some of the major global challenges currently are:

1> Supply chain uncertainty

2> Economic volatility

3> Ever-changing regulatory and market complexity

?? Why to adopt SAP Ariba Source-to-Contract Suite:

1> For efficient supplier selection to minimize the above-mentioned risks across the procurement and supply landscape.

2> To ensure process efficiencies across the source-to-contract cycle, achieve more savings via contract compliance, and by reducing contract leakage.

3> Single one-time onboarding of suppliers to any of the 3 modules (sourcing/contract/supplier management) which ensures the supplier information is reflected across all the solutions.

SAP Ariba source-to-contract suite has 3 modules under its fold:

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1> Electronic, template-based support for RFIs, RFPs, and auctions with AI, and ML-based assistance for any kind of event management.

2> Robust project management capability with tasks, document management, flexible workflows, and approvals.

3> Dynamic, real-time event monitoring, integrated reporting; and ability to create multiple scenario-based outcomes and decision analysis.

Advanced Features:

1> Quote Automation and award integration with backend ECC/S4HANA

2> The Ariba discovery feature.

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1> Collaboration among internal stakeholders and with trading partners because of the ability to manage procurement and sales contracts, IP licenses, internal agreements, and more.

2> Template-based project management capability for the contract workspace with tasks for contract authoring, redlining, and digital signature, flexible workflows, approvals, etc.

3> Integration of vendor master and contract data to and from with back-end systems.

Advanced Features:

1> Icertis offering.

2> possibility of defining Contract terms and how the terms dictate procurement processes

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1> Assessment, onboarding, and qualification of suppliers using matrix-based logic using category, region, and business unit.?

2> Entire supplier lifecycle management is possible with template-based project management capability with tasks, hierarchical questionnaires and other additional contents, flexible workflows, and approvals.

3> Centralized supplier information view with supplier 360 feature which includes certifications/compliance/risk data.

Advanced Features:

1> Bi-directional integration with backend ERP.

2> Impact of Ariba SLP capabilities on other Ariba processes. Example: qualification and preferred data in Ariba buying processes, supplier selection criteria in Ariba sourcing, etc.